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(OE) French green hydrogen production specialist Lhyfe has announced the operating results of its offshore hydrogen production pilot platform, Sealhyfe, confirming the initial objectives have been met with valuable insights gathered for the large-scale HOPE project. After 14 months of testing, including in particularly tough conditions, Sealhyfe was brought back with its full production capacity... Continue Reading →
(OET) Norway’s Solstad Offshore has placed an order with compatriot Omega Subsea Robotics for the delivery of six additional remotely operated vehicle (ROV) systems that will be integrated onboard its selected vessels this year. With six ROV systems already in place, this order doubles Solstad and Omega Subsea’s total ROV system count from six to... Continue Reading →
(OE) The U.S. government has awarded a major grant to the Humboldt Bay Harbor, Recreation, and Conservation District for the construction of a new marine terminal to be primarily used for floating offshore wind-related activities. The grant for the Humboldt Bay Offshore Wind MVP (Minimum Viable Port) project comes through the U.S. Department of Transportation’s... Continue Reading →
SBM Offshore announces that, after 12 years as Chief Executive Officer (CEO) and Chair of the Management Board, Bruno Chabas has decided not to seek a 4th mandate at the end of his current term on 12th April 2024. The Supervisory Board has decided to appoint Øivind Tangen, currently Chief Operating Officer (COO) and member... Continue Reading →
(OE) The topside modules for the giant Bacalhau floating production storage and offloading (FPSO) unit have started the journey to Singapore where they will be integrated with the hull before heading for an assignment to Equinor-operated oil project offshore Brazil. The 22,000 tons of newly constructed modules, designed and built by Norwegian firm Aibel, have... Continue Reading →
(OE) France-based marine seismic data firm CGG has signed an agreement with the Ministry of Energy and Energy Industries of Trinidad and Tobago to reimage vintage 3D seismic data from four deepwater offshore blocks. CGG’s work scope will cover blocks 25a, 25b, 26, and 27 offshore Trinidad. Located in the country’s deep waters, the project... Continue Reading →
(OE) Rovco, a UK-based subsea robotics and survey firm, has added a second hull mounted survey vessel to its fleet with the long-term charter of the DP2 vessel Glomar Worker. The four-year charter with Glomar comes in response to client demand for innovative geophysical and geotechnical survey solutions, according to the company. Rovco has started... Continue Reading →
(Reuters) U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Tuesday, powered by strong demand for its services and equipment from LNG producers, as well as offshore and international markets. The company concludes fourth-quarter reports from the world's top oilfield services providers. International demand also helped rivals SLB and Halliburton beat estimates amid slowing activity in... Continue Reading →
(OET) Australian oil and gas company Karoon Energy is working on sorting out the issues impeding the restart of production from a well located on a field in the Santos Basin offshore Brazil. To this end, well intervention activities are seen as the likely solution for the well to come back online. Karoon’s production from the Baúna project,... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE), opens new tab said its preliminary financial results on Tuesday were above market expectations, with revenue up 12.6% on a comparable basis to 7.65 billion euros ($8.29 billion) and a profit margin before special items of 2.7%. The company kept its outlook for the year unchanged, pointing to expected variations across its... Continue Reading →
